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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Dec 11, 1987
Page
4
The Maryland revenue board reports a bright outlook with a 7.7 percent rise in income tax receipts and an expected $166.7 million boost from the 1986 Tax Reform Act. Yet officials warn recession remains a distinct possibility for fiscal years 1988 and 1989 amid mixed economic signals and uncertainty about proper allocation of funds.
County officials report a 10.6 percent rise in total revenue from 1986, with income taxes up 16.7 percent as employment improves and incomes grow. Internal county expenses jump 19.23 percent to serve a larger population, public safety spends 376,622 more for fire equipment and patrols, and education costs climb 11.3 percent to cover cost of living raises and more students. The school budget claimed 57.88 percent of tax dollars.
The Doomsday Clock from the Bulletin of the Atomic Scientists will be set back following the U S Soviet arms control treaty and improved relations. Editor Nancy Myers says the change reflects reduced threat and better overall Soviet U S ties. the clock had stood at 11 57 since December 1983.
LAS VEGAS. JASHA Heifetz, famed Russian child prodigy and top violinist, died at 86 after neurosurgery at Cedars-Sinai following a fall. Born 1901 in Vilna, Heifetz rose to fame with Carnegie Hall debut in 1917, became highest paid by 1919, and taught the next generation in Los Angeles. He served in WWII via USO tours, supported Israel via Piatigorsky fundraisers, and taught at UCLA and USC. He was married twice to Florence Vidor and Frances Speigelberg, with children Josepha, Robert, and Joseph.
Residents and developers debate expanding Frederick's historic district to unlock federal and state tax credits and spur rehabilitation. Backers cite revitalization and higher property values while officials stress strict guidelines and potential regulatory oversight before final approval by a governor's committee and the National Park Service.
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